Examples of Put Option Payment Date in a sentence
Within thirty (30) Business Days after the holder's exercise of the Put Option, but in no event prior to the Put Option Date (the "Put Option Payment Date"), the Company shall pay the exercising holder, in cash, an amount equal to the then outstanding Conversion Amount of the Note as to which the Put Option is being exercised (the "Put Option Payment").
To exercise the Going Private Put Option, a holder of Class B Series II Preferred Shares must deliver, on or before the third business day preceding the Put Option Payment Date, written notice to the Company (or to a paying agent designated by the Company for such purpose) of the holder’s exercise of the Going Private Put Option, indicating the number of Class B Series II Preferred Shares to be repurchased by the Company.
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The Company shall mail to each holder of Class B Series II Preferred Shares, not later than the date of the occurrence of the Going Private Transaction, a notice of such occurrence, which will specify the purchase price and the purchase date, which will be no fewer than 30 business days and no more than 40 business days from the date the notice is mailed (the "Put Option Payment Date"), and describe the procedure that must be followed by the holder to tender the holder's Class B Series II Preferred Shares.
To exercise the Going Private Put Option, a holder of Class B Series II Preferred Shares must deliver, on or before the third business day preceding the Put Option Payment Date, written notice to the Company (or to a paying agent designated by the Company for such purpose) of the holder's exercise of the Going Private Put Option, indicating the number of Class B Series II Preferred Shares to be repurchased by the Company.
To exercise the Going Private Put Option, a holder of Receipts must deliver, on or before the third business day preceding the Put Option Payment Date, written notice to the Depositary of the holder’s exercise of the Going Private Put Option, indicating the number of Depositary Shares to be repurchased by the Company (the “Exercise Notice”).
The Company shall publicly announce the results of the Change of Control Offer or TNS/TTC Put Option Offer, as the case may be, on or as soon as practicable after the Change of Control Payment Date or the TNS/TTC Put Option Payment Date, as the case may be.
Each such notice shall state: the Put Option Payment Date; the cash repurchase price; the date by which the Going Private Put Option must be exercised, the place or places where Receipts evidencing Depositary Shares to be repurchased are to be surrendered for payment of the cash repurchase price; and that from and after the Put Option Payment Date dividends in respect of the Preferred Shares represented by the Depositary Shares to be repurchased will cease to accrue.
To exercise the Change of Control Put Option, a holder of shares of Series B Preferred Stock must deliver, on or before the third business day preceding the Put Option Payment Date, written notice to the Company (or to a paying agent designated by the Company for such purpose) of such holder's exercise of the Change of Control Put Option, indicating the number of shares of Series B Preferred Stock to be repurchased by the Company.
The Put Option Exercise Price shall be payable on the Voluntary Put Option Payment Date or the Deemed Put Option Payment Date (each as defined below), as the case may be.